URGENT ¥¥¥ Bernanke: Fed 'confident' it can handle QE risks

Federal Reserve Chairman Ben Bernanke told Congress Tuesday that the central bank was confident it could manage the risks from its expanded quantitative-easing stimulus program.

"Highly accommodative monetary policy also has several potential costs and risks," he told a Senate panel. But the Fed policy board "remains confident that it has the tools necessary to tighten monetary policy when the time comes to do so."